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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (172023)12/17/2008 1:46:38 PM
From: Les HRead Replies (2) | Respond to of 306849
 
"(3) Trying to pull down yields on longer-dated Treasury bonds through a combination of the jawbone (promising to keep short rates low for an extended period) and the threat to intervene in the market directly by buying longer-dated paper."

It doesn't look like a threat. If it was, treasuries would be selling off as money goes into equities and riskier assets.